Money Spinners: Robocoin Goes Global, Altcoins Join the Fun

Money Spinners: Robocoin Goes Global, Altcoins Join the Fun

Take out your smartphones and get those palms warmed up for a scanning, because it's time for CoinDesk's weekly bitcoin ATM roundup. After today's price slump you probably can't buy bitcoins with your Chinese bank account and your local face-to-face trader has gone into hiding. If you're lucky, though, a nearby machine will help you out. Every week, these bitcoin-trading machines grow in number. This week's roundup includes more exotic locales, unexpected events, and at least three altcoins. Bitcoiniacs and Cointrader.net. Canadian companies Bitcoiniacs and Cointrader.net, who together....


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Money Spinners: Bitcoin ATMs Make Capitol Hill Debut

It's a special edition of the bitcoin ATM roundup this week as Robocoin went to Washington, DC, a couple of new players entered the European market via Finland and Slovenia and Quebec City received two bitcoin 'guichets automatique.'. Washington, DC USA. Surrounded by reporters and camera crews from some of the world's largest news organisations, more than 50 members of the US Congress lined up in Rayburn House on Capitol Hill in Washington, DC to test a Robocoin ATM. Presented by Robocoin's management team at the invitation of Representative Jared Polis (D-CO), the Robocoin machine....

Robocoin Wallet Will Leverage Existing Bitcoin ATMs to Expand Bitcoin Network

Today, Robocoin has announced open enrollment for their Robocoin Wallet, which is needed to use the "Robocoin Bank." Robocoin has taken the first step to moving away from being just a Bitcoin ATM company to becoming a full-fledged "Bitcoin Bank." The Robocoin Banking platform, which utilizes all existing Robocoin ATMs as automated kiosks, will provide banking services to customers around the world in the form of a new Bitcoin wallet: The Robocoin Wallet. Robocoin first revealed plans to change their ATMs into a more functional global network to support Bitcoin earlier this year. Those that....

Money-Spinners: This Week's Bitcoin ATM News

Take out your smartphones and get those palms warmed up for a scanning, because it's time for CoinDesk's weekly bitcoin ATM roundup. Each day, the army of bitcoin ATMs across the globe grows in number, and firepower. The many users feeding their fiat into these machines are not only receiving bitcoin, but helping to build the economy of the future. In this week's bitcoin ATM news roundup, Jon Southurst tracks down the latest models to touch down. California. Robocoin launched its first two-way bitcoin ATM in Mountain View, California, on Thursday at the 500 Startups 'Bitcoinference' - a....

Robocoin Develops a Way to Send Cash Overseas

Robocoin has developed a new ATM system that enables cash to be sent to another account or ATM without the high-cost that remittances usually carry. Bitcoin is up until now the best way to avoid the high cost of remittances and now Robocoin streamlined this process even further. Romit is Robocoin's new product and the developers have enabled a way to send cash through a Robocoin ATM to another ATM or merchant account at fees far lower than other remittance providers. Robocoin CEO Jordan Kelley, says: "Romit enables unprecedented low-cost global money transfers by leveraging Bitcoin's....

Robocoin Announces Robocoin Banking: Bitcoin ATMs Become Bitcoin Bank Branches

Robocoin, a Bitcoin based company in Las Vegas, Nevada, has announced that they will be launching a new project called Robocoin Bank. The new project will take all existing Robocoin ATMs and turn them into banking branches. Through software updates, they plan to add features that allow users to bank using Bitcoin. Robocoin is offering the chance to start your own branch of Robocoin Bank by purchasing and operating one of these Robocoin Kiosks. Robocoin Banking functionality should be fully online starting summer of 2014. The new features will allow users to open a Robocoin Bank account in....